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Owner Contacts

$131,000

NAL Estimated Property Value

2902 Gregg St, Houston, TX, 77026

Off Market

2 Beds

2 Bath

720 Sq Ft

Single Family Residence

$212.5 / sqft

Built in 1940

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

FlooringVinyl

Exterior

Lot Size1,721 sqft

Building Information

Year Built1940

Garage Spaces2

Land Information

APN0270450800020

SubdivisionMc Gowan N S B B

Land UseResidential

Legal DescriptionTR 1 BLK 80 MC GOWAN N S B B

Census Tract211101

Assessed Land Value$34,056

Assessed Improvement Value$93,512

Assessment Year2025

About this property

Stunning fully remodeled 2-bedroom, 2-bathroom home just minutes from Downtown Houston! This move-in-ready home features a new roof, updated plumbing, central HVAC system and luxury vinyl flooring throughout. The gourmet kitchen boasts stainless steel appliances, sleek cabinetry, and recessed lighting, creating a perfect space for cooking and entertaining. Enjoy the convenience of an indoor laundry room and spacious bedrooms with modern finishes. The exterior offers an iron rod fence, privacy fencing, and dual driveways in the front and backyard for added convenience. Corner lot for extra parking and located with easy access to HWY 59, 610, and I-10, this home is a perfect blend of modern upgrades and prime location. Schedule your showing today!

Investor Tools

$131,000

Estimated Property Value

$141,144Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$918 /month

Positive

Cash Flow Estimate:

$306 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$74/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$228

$127,568

2025

$34,056

$93,512

$127,568

Tax History

Year

Tax Paid

Assessed Value

2020

$228

$127,568

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gateway First Bank

Fha

$144,337

Yes

First

Feb 28, 2025

Mar 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$141,144

N/A

108%

$866/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$866/mo

+$441/mo

12.0%

Learn About the Market: Opportunity in Houston

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